THE SHIMANE BANK,LTD. [7150.T]
TOKYO, May 15 (Pulse News Wire) – THE Shimane Bank,ltd. (7150.T) announced today that its board of directors has resolved to appoint a new auditor for the upcoming 176th regular shareholders meeting scheduled for June 24, 2026.
The resolution was made during a board meeting held concurrently with the audit committee's decision. The bank plans to propose the appointment of Taiyou Certified Public Accountants Co., Ltd. as the new auditor at the shareholders' meeting. Taiyou Certified Public Accountants, located at Akasaka K Tower, 2-7, Tokyo, Minato Ku Moto Akasaka Ichi Choume, is expected to bring fresh perspectives suitable for the bank’s operations and possesses the necessary expertise, independence, quality management systems, and appropriate remuneration levels.
The outgoing auditor, Azusa Certified Public Accountants Co., Ltd., which has served since June 27, 1991, will conclude their term upon the conclusion of the shareholders’ meeting. The audit committee decided to select Taiyou Certified Public Accountants due to the long tenure of Azusa Certified Public Accountants and the need for a renewed perspective on auditing. Azusa Certified Public Accountants did not express any particular opinion regarding their departure. The audit committee deemed the decision to be appropriate and timely.
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